Russia needs to strengthen its legislation on development of the coastal shelf by oil companies, Deputy Prime Minister Igor Sechin said on Monday.
"In most countries, legislation covering shelf operations is much stricter (than in Russia). We need to modernize and alter the legislation," Sechin said.
"Taking into account that only a few deposits are left on the continent, continental shelf exploration should be boosted. We will pay special attention to exploration and production on the shelf," he said.
MOSCOW, December 13 (RIA Novosti)
